T1 Energy Inc.
TENYSETechnology · Semiconductors & Related Devices · DE · SEC filings ↗ · Compare ⊕
View price & chart on Yahoo Finance ↗Financials
SEC XBRL · annual| FY25 | FY24 | FY23 | FY22 | |
|---|---|---|---|---|
| Revenue | $755.3M | $2.9M | $0 | — |
| Operating income | −$234.6M | −$79.0M | −$65.5M | −$122.5M |
| Net income | −$367.8M | −$450.6M | −$71.9M | −$98.8M |
| Total assets | $1.37B | $1.34B | $732.2M | $827.7M |
| Total liabilities | $1.05B | $1.10B | $97.5M | $107.6M |
| Equity | $250.4M | $188.8M | $633.2M | $717.5M |
| EPS (diluted) | $-2.19 | $-3.20 | $-0.51 | $-0.83 |
| Shares out. | 155.9M | 139.7M | 139.7M | 139.7M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2025- Operating margin
- −31.1%
- Net margin
- −48.7%
- Return on equity
- −146.9%
- Return on assets
- −26.8%
- Return on capital (ROCE)
- −25.8%
- Liabilities / assets
- 76.5%
- Debt / equity
- 4.19×
- Book value / share
- $1.61
- Revenue growth (YoY)
- 25572.8%
- Net income growth (YoY)
- —
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2025- Altman Z″ (distress)
- -2.54distress
- Accruals / assets
- −33.8%clean
- Piotroski F-Score
- 7/9strong
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.
Signs
● 2 severe● 3 warning● 3 good- Altman Z″ in the distress zone
- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Operating losses (negative operating margin)
- Reported a net loss
- High leverage (liabilities > 70% of assets)
- Revenue is growing year-over-year
- Positive operating cash flow
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Risk flags
late SEC filings- NT 10-Qmissed a reporting deadline ↗Aug 15, 2025
A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.
5%+ owners
SEC Schedule 13D / 13G · last 3 yrs- Trina Solar (Schweiz) AgActivist (13D)May 26, 2026
- Blackrock, Inc.Passive (13G)Apr 27, 2026
- Alussa Energy Sponsor LlcActivist (13D)Feb 26, 2026
- Morgan StanleyPassive (13G)Feb 12, 2026
- Encompass Capital Advisors LlcActivist (13D)Dec 15, 2025
- Wood River Capital, LlcActivist (13D)Jan 7, 2025
Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.
Insider transactions
SEC Form 4 · most recent| Insider | Date | Type | Shares | Price |
|---|---|---|---|---|
| Trina Solar (Schweiz) Ag10% owner | May 21, 2026 | Sell | 8.8M | $8.62 |
| Calio Joseph EvanOfficer — Chief Financial Officer | Apr 29, 2026 | Option exercise | 161,290 | — |
| Barcelo DanielOfficer — Chief Executive Officer | Jan 1, 2026 | Option exercise | 333,333 | — |
| Calio Joseph EvanOfficer — Chief Financial Officer | Jun 13, 2025 | Option exercise | 422,475 | — |
| Lin MingxingDirector | Jan 20, 2026 | J | 50,000 | — |
Headline trade per Form 4 (officers, directors, 10%+ owners). Buy/sell read from the filing's structured data — blank where a field isn't cleanly tagged.
Short interest
FINRA · bi-monthly| Settlement | Shares short | Days to cover | Δ vs prior |
|---|---|---|---|
| May 15, 2026 | 49.1M | 3.0 | +11.2% |
| Apr 30, 2026 | 44.2M | 2.9 | +4.4% |
| Apr 15, 2026 | 42.3M | 2.0 | +8.9% |
| Mar 31, 2026 | 38.8M | 2.9 | +13.3% |
| Mar 13, 2026 | 34.3M | 2.6 | +1.1% |
Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.
Material events
SEC Form 8-K · most recent- Results of operations · Regulation FD disclosureMay 12, 2026
- Director / officer changeApr 27, 2026
- Entered a material agreement · New financial obligation · Other material eventApr 17, 2026
- Results of operations · Director / officer change · Regulation FD disclosureMar 31, 2026
- Entered a material agreementFeb 18, 2026
- Director / officer changeFeb 6, 2026
- Other material eventJan 21, 2026
- Entered a material agreement · Terminated a material agreement · Other material eventDec 30, 2025
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗- 144May 29, 2026
- 144May 28, 2026
- 4FORM 4May 26, 2026
- SCHEDULE 13D/AMay 26, 2026
- 4/AFORM 4/AMay 26, 2026
- 4PRIMARY DOCUMENTMay 18, 2026
- ARSMay 18, 2026
- DEF 14APROXY STATEMENTMay 18, 2026
- 144May 14, 2026
- 10-QMay 12, 2026
- 8-KCURRENT REPORTMay 12, 2026
- 4PRIMARY DOCUMENTMay 12, 2026
- 4PRIMARY DOCUMENTMay 12, 2026
- 4PRIMARY DOCUMENTMay 11, 2026
- 4PRIMARY DOCUMENTMay 11, 2026